#Is a bloomberg terminal worth it how to#

Dow Jones, which once competed more aggressively in this space with a product called Telerate, is now pitching something new, called DJ X, to individual investors. Reuters has the products most comparable to what Bloomberg offers. BloombergвЂ™s revenue was $7.9 billion last year, most of it from terminals.Д«loombergвЂ™s competitors, particularly Thomson Reuters and Dow Jones, will clearly try to capitalize on the furor over revelations that BloombergвЂ™s journalists had access to usage data of terminal subscribers. Then growth slowed as some of BloombergвЂ™s biggest customers trimmed budgets or went under entirely. The number of terminal subscriptions, which we compiled from various press reports, grew steeply before the financial crisis, hitting 270,000 in 2007. Back in 2001, the price was $1,640 a month. Press the Esc CANCEL button twice (red button on the left hand side of the keyboard).

#Is a bloomberg terminal worth it how to#

Bloomberg raised its price much more aggressively between 20. How to Create a Bloomberg Terminal Login Name. ThatвЂ™s a hike of just 1.3% from the price of $1,975 in 2011, and adjusting for inflation, itвЂ™s actually a decline of 3.1%. If you went to other data feed providers ala carte youd probably pay just as much. The city pays the standard rate for a single subscription to the terminal, officially known as Bloomberg Professional, including Bloomberg Anywhere access, which allows the customer to log in from other devices.Д«loomberg is currently charging single-terminal subscribers $2,000 a month for two-year contracts. The data feeds alone are nearly worth the cost of the terminal. Yesterday we published OceansideвЂ™s contract with BloombergВ along with related documents, which you can read here. The pricing data in our chart comes from Oceanside, California, which has a Bloomberg terminal for its treasurer. Bloomberg declined to comment on its pricing. That price, however, increased proportionally with the single-terminal price over the past decade.

But it does charge a lower price-currently about $20,000 a year-for customers with two or more subscriptions, including large banks than can have hundreds of terminals. Bloomberg is famously averse to discounting, and only offers one level of subscription with access to all data.